2023 Annual Report

COUNTY COMPTROLLER AND TREASURER While serving as the County Comptroller, the Clerk of the Circuit Court and County Comptroller is custodian of all county funds. Vendors and others who provide services to county government receive payments for their goods and services through this office. We pride ourselves on having a prompt payment process. Although state law establishes 45 days as the threshold for payments, this office has set a goal of seven days after receiving a valid invoice. Rating agencies, Internal Revenue Service, Securities Exchange Commission and financial institutions rely on the records kept by this office, and the county Annual Comprehensive Financial Report (ACFR) is prepared and published along with other reports designed to support the community’s interest. As Treasurer, the Clerk of the Circuit Court and County Comptroller manages the overall banking relationships for county government and invests Sarasota County’s public funds to maximize investment earnings while minimizing risk for an average investment portfolio of $1.5 billion. 70,054 Invoices pre-audited and paid on behalf of Sarasota County Government 15,110 Deposits verified and entered into the financial accounting system $29.6 Million Interest earned in treasury performance $1.5 Billion Average investment portfolio 69,496 Payroll direct deposits processed on behalf of the Clerk and Comptroller, Tax Collector, Property Appraiser, Supervisor of Elections, and Board of County Commissioners 3,833 Approximate number of employees paid bi-weekly 10 | Karen E. Rushing Clerk of the Circuit Court and County Comptroller - Sarasota, FL

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